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RBI turns down IDBI Bank's name change proposal
short by Shruti Maria Mahendar / on 20 Mar 2019,Wednesday
The Reserve Bank of India (RBI) has turned down IDBI Bank's proposal to change its name following the transfer of 51% stake to LIC. The lender had sought approval to change its name to either LIC IDBI Bank or LIC Bank. Earlier this month, RBI changed the categorisation of IDBI Bank to a private lender from a public sector lender.
short by Shruti Maria Mahendar / 06:57 pm on 20 Mar
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